PPP Loan information for Degeus tile & granite inc.

$273,625

Degeus tile & granite inc. was initially approved for PPP Loan of amount $311,385, the current approved amount is $273,625. The loan was approved on 04/08/2020 by The First Farmers & Merchants State Bank of Grand Meadow reported 26 jobs and $273,625 was used to fund payroll.

Degeus tile & granite inc. is Existing or more than 2 years old

PPP Loan Search / MN / ROCHESTER / Degeus tile & granite inc.

DEGEUS TILE & GRANITE INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DEGEUS TILE & GRANITE INC.

Borrower Address

3532 Highway 63 S

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55904-5521

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

311385.00

Current Approval Amount

273625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38188

Servicing Lender Name

First Farmers & Merchants State Bank of Grand Meadow

Servicing Lender Address

105 N Main St

Servicing Lender City

GRAND MEADOW

Servicing Lender State

MN

Servicing Lender Zip

55936

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55904-5521

CD

MN-01

Jobs Reported

26

NAICS Code

442210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

273625.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38188

Originating Lender

First Farmers & Merchants State Bank of Grand Meadow

Originating Lender City

GRAND MEADOW

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

275152.74

Forgiveness Date

11/05/2020

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